Publicly funded, industry-specific relief efforts are unusual, but one lawmaker said the unique challenges facing lobstermen warrant it.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State, Morning Sentinel
Sappi union workers rally amid contract negotiations with company
Members of United Steelworkers Local 9 gathered along Route 201 in Skowhegan on Tuesday to make a more visible pitch for higher wages and better benefits.
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Posted inBusiness
Please hold: Pricey way to jump IRS phone line at tax time
EnQ’s line-jumping service costs $300 a month or $1,000 a year and claims to cut hold times by up to 90 percent.
Posted inBusiness
Homebuyers lose hope as costlier loans sap affordability
One economist says first-time buyers will be locked out of ownership until ‘prices come back to earth or mortgage rates turn back down.’ Neither are likely to happen soon.
Posted inBusiness, Nation & World
U.S. bird flu case puts chicken, turkey farms on high alert
The strain – H5N1 – is related to the 2015 virus that killed 50 million birds and was considered the most expensive animal health disaster in U.S. history.
Posted inBusiness, Local & State
As energy costs rise, Maine lawmakers consider new plan to ease ratepayers’ pain
A bill under review in the Legislature would pursue a holistic, long-term approach to lowering costs for Maine energy consumers.
Posted inBusiness, Nation & World
Sandy Hook families settle case against gun maker for $73 million
The families and a survivor of the elementary school massacre sued Remington in 2015, saying the company should have never sold such a dangerous weapon to the public.
Posted inBusiness, Nation & World
A-Rod, once scorned by Trump, joins those buying his D.C. hotel
His involvement in the $375 million deal would make the athlete-entrepreneur an unlikely financial savior for the ex-president.
Posted inBusiness, Nation & World, Politics
Trump’s accountant says his financial statements aren’t reliable, severs ties
The New York attorney general says the documents regularly misstated the value of assets.
Posted inBusiness, Nation & World, Politics
Trump’s accountant says his financial statements aren’t reliable, severs ties
The former president had given a yearly snapshot of his holdings to banks to secure hundreds of millions of dollars worth of loans on properties such as a Wall Street office building and a Florida golf course.